USDJPY, Fed's decision is likely to be the main driver.

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USDJPY, Fed's decision is likely to be the main driver.US DOLLAR VS JAPANESE YENTRADENATION:USDJPYTradeNationToday's session is dominated by central bank decisions, major technology earnings and the UK Autumn Budget. Central Banks: The Federal Reserve, Bank of Canada and Reserve Bank of New Zealand announce their latest policy decisions. Markets will focus on interest-rate guidance, inflation risks and signals on the outlook for monetary easing. The Fed's decision is likely to be the main driver of global market sentiment, influencing the US dollar, Treasury yields, gold and equity markets. Economic Data: US advance goods trade balance and retail inventories provide further insight into trade activity and domestic demand. Australia's September CPI will be important for interest-rate expectations, while Germany's GfK consumer confidence, French jobseeker numbers and Italian industrial sales and producer prices offer a snapshot of European economic conditions. Earnings: Alphabet and Microsoft take centre stage, with results and guidance likely to influence sentiment towards AI investment, cloud computing and the wider technology sector. Semiconductor companies SK hynix, KLA and Advantest will provide further insight into chip demand and AI-related spending. Results from GE Vernova, ServiceNow, Fortinet, T-Mobile US, Airbus, Honeywell Aerospace, Ford and Mercedes-Benz will offer updates across industrial, software, cybersecurity, telecoms and automotive sectors. European banks and pharmaceutical companies are also in focus. UK Budget: Chancellor Rachel Healey presents the Autumn Budget. Markets will assess the implications for taxation, government borrowing, gilt yields, sterling and the wider UK economic outlook. Bond Auctions: The US Treasury holds a two-year floating-rate note auction, providing an additional gauge of demand for government debt. Market Focus: Central bank guidance and Big Tech earnings are likely to drive global risk sentiment, while the UK Budget could trigger volatility in sterling and UK government bonds. Watch the US dollar, Treasury yields, gold and major equity indices for the clearest reactions. Key Support and Resistance Levels Resistance Level 1: 159.00 Resistance Level 2: 150.70 Resistance Level 3: 160.80 Support Level 1: 155.77 Support Level 2: 154.65 Support Level 3: 153.20 The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Trade Nation (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.